Confirmation of Payee

Celebrating a major milestone in the legal sector, Cashroom is thrilled to announce the introduction of Confirmation of Payee to our Client Portal. This development sets us apart as the first supplier in the legal industry to offer this revolutionary feature. 
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Technology designed for Law Firms

Say goodbye to disruptions and delays caused by incorrect payments! This new functionality empowers our clients to verify payee names against the sort code and account number when setting up payments through the Cashroom Portal.

The primary objective of CoP is to prevent individuals from mistakenly transferring payments to incorrect accounts and to effectively combat bank transfer fraud. By validating the payee’s bank details  at the start of the payment process, we provide our clients with the confidence of ensuring payments are directed to the correct recipient.

Confirmation of Payee is visible from pre-approval to bank authorisation and all stages in between within our Cashroom Portal.

Detecting errors

Any errors due to incorrect details or transposing will be detected immediately with our Confirmation of Payee checks

Save time

Checking payee bank details before payments are set up on the bank means minimal delays which can often occur when the payment is ready to be sent

Secure

Our portal provides a secure, streamlined workflow for all of your payments in one place

Peace of mind

Cashroom clients have the confidence in knowing that payments are being sent to the intended receipient at the correct time

Interested in Confirmation of Payee but not a Cashroom Client?

Please get in touch today for more information on how we can help your business – info@thecashroom.co.uk

Get in Touch
Download our services flyer
Now available to all clients. If you are interested in adding an extra layer of security to your payment process, please fill out the form below.

Sign up for Confirmation of Payee

 
Our Services
Scottish Office
  • Craglea House Quarrywood Court, Livingston Village, Livingston.
    West Lothian.
    EH54 6AX
  • 01506 401289
  • info@thecashroom.co.uk
English Office
  • Suite B, West Lancashire Investment Centre, Maple View, Skelmersdale, Lancashire.
    WN8 9TG
  • 01695 550950
  • info@thecashroom.co.uk
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